Stock Analyst, Ibrahim told APP that the major positions taken by the investors led the bullish rally in the local stock market.
Besides buying in the other sector, the punters were seemed very keen in the fertilizer sectors because the economic indicators were performing well, he added.
The rise in the turnover in the market is the positive indication for capital market in the future, he said.
Of total shares traded were 49,000, which was up by 8,900 as compared to the a day earlier's closing.
Out of 123 companies' shares traded, the price of 61 was increased while the price of 62 decreased.
The price of top gainer Mitchell Fruit Farma was increased by Rs.7.99 while the price of top loser Mari Gas decreased by Rs.1.91.
Dewan Salman Fibres, Fauji Cement and PTCL remained volume leaders on Thursday, with volume of 46,000, 2,000 and 1,000 shares respectively.